Begbies Traynor acquires Jones Giles & Clay

Begbies Traynor is expanding its operations in South Wales following the acquisition of Jones Giles and Clay, as it seeks to consolidate its position as the leading business recovery and insolvency practice in the region. 

The deal sees Begbies Traynor welcome four experienced team members to the Cardiff-based team, including directors Susan Clay and Vaughan Jones, who were the principals of Jones Giles and Clay and operated as licensed insolvency practitioners. 

Both have over 38 years of experience in both personal and corporate insolvency, with Clay bringing additional personal insolvency expertise and Jones bringing experience across a wide range of businesses including the charity and third sectors. 

Commenting on the acquisition, Huw Powell, managing partner at Begbies Traynor in South Wales, said: “This is an important step for our practice, bringing in significant hires and increasing our capacity to work with larger clients on complex cases. 

“Directors, Vaughan and Susan are well respected in the local business community and by combining our teams we are creating an exciting offering for the South Wales market.”

Nationally, the Begbies Traynor group grew by 11% in the past financial year and the South Wales team is focused on further expanding its operations through recruitment and strategic acquisition. 

Clay added: “Begbies Traynor has established a reputation for providing a consistently high-quality offering across the UK, while retaining personal and friendly service at a local level. There has never been a more important time for businesses and individuals to have access to specialist expertise in this area, and Vaughan and I are looking forward to growing our practice with Huw and the team.”